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Author Question: Suppose that Midwestern corn farmers, distraught at decreased sales of their corn due to discounted ... (Read 93 times)

crazycityslicker

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on: Jul 8, 2018
Suppose that Midwestern corn farmers, distraught at decreased sales of their corn due to discounted corn imported from Mexico, lobby their Senator for a bill that requires all
 
  corn served on U.S. military bases to be bought from American farmers at a guaranteed minimum price. This is an example of _____. a. rent-seeking
  b. securitization
  c. economic overheating
  d. a distributional problem

Question 2

Which of the following is a common strategy to cool down the effects of inflation?
 
  a. Printing additional money
  b. Lowering interest rates for lenders
  c. Increasing government employment
  d. Removing currency from circulation


chevyboi1976

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Reply #1 on: Jul 8, 2018
Answer to Question 1

Answer: a

Answer to Question 2

Answer: d


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